23 February 2024
Addis Ababa, Ethiopia – Concerns are mounting over the potential for social unrest in several African nations due to a significant increase in the cost of living, particularly for essential items like fuel, food, and other commodities.
The African Development Bank (AfDB) issued a warning, highlighting the potential for social unrest in countries like Ethiopia, Angola, and Kenya if the situation is not addressed.
The most populous African nation, Nigeria, has already seen citizens take to the streets to protest the rising cost of living. In response, the government released grain from its national reserves to alleviate the pressure on citizens struggling to afford basic necessities.
The AfDB’s warning underscores the potential for similar protests and unrest to erupt in other African countries facing similar economic challenges. The combination of rising food and fuel prices, coupled with existing economic hardships, creates a volatile situation that could have significant social and political consequences.
Rising cost of living in several African countries, including Ethiopia, Angola, and Kenya, raises concerns about social unrest. The African Development Bank warns of potential instability if the situation is not addressed.
Nigeria has seen protests against high living costs, with the government responding by releasing grain reserves. The situation highlights the broader economic challenges faced by many African nations and the potential for wider
